Sound Financial Bancorp (NASDAQ:SFBC) Stock Passes Above 200-Day Moving Average – Here’s Why

Sound Financial Bancorp, Inc. (NASDAQ:SFBC) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $47.27 and traded as high as $54.74. Sound Financial Bancorp shares last traded at $52.81, with a volume of 1,906 shares traded.

Sound Financial Bancorp Price Performance

The stock has a 50 day simple moving average of $53.88 and a two-hundred day simple moving average of $47.36. The company has a market cap of $138.24 million, a price-to-earnings ratio of 35.29 and a beta of 0.68. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.12 and a quick ratio of 1.12.

Sound Financial Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 26th. Stockholders of record on Tuesday, November 12th will be paid a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 1.41%. The ex-dividend date is Tuesday, November 12th. Sound Financial Bancorp’s dividend payout ratio (DPR) is presently 49.67%.

Insider Activity at Sound Financial Bancorp

In other Sound Financial Bancorp news, Director James E. Sweeney sold 592 shares of the company’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $52.57, for a total transaction of $31,121.44. Following the sale, the director now owns 2,942 shares in the company, valued at $154,660.94. This represents a 16.75 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold 1,226 shares of company stock worth $65,206 in the last three months. 12.60% of the stock is owned by company insiders.

Institutional Trading of Sound Financial Bancorp

Large investors have recently made changes to their positions in the company. Geode Capital Management LLC lifted its position in Sound Financial Bancorp by 6.3% during the 3rd quarter. Geode Capital Management LLC now owns 23,885 shares of the bank’s stock worth $1,278,000 after acquiring an additional 1,407 shares during the period. State Street Corp raised its stake in shares of Sound Financial Bancorp by 10.9% during the 3rd quarter. State Street Corp now owns 5,095 shares of the bank’s stock worth $273,000 after buying an additional 500 shares in the last quarter. Arcus Capital Partners LLC purchased a new position in shares of Sound Financial Bancorp during the 3rd quarter worth approximately $503,000. Finally, Dimensional Fund Advisors LP raised its stake in shares of Sound Financial Bancorp by 7.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 16,811 shares of the bank’s stock worth $739,000 after buying an additional 1,122 shares in the last quarter. 68.85% of the stock is owned by institutional investors and hedge funds.

Sound Financial Bancorp Company Profile

Sound Financial Bancorp, Inc operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses. It accepts various deposits products comprising savings, money market deposit, NOW, and demand accounts, as well as certificates of deposit.